DC Power for Commercial Buildings Advances

(20/Nov/2013) While portions of the global market for direct current (DC) building technologies have entered into early commercialization, most market segments remain in preliminary/pre-emergent stages, according to Navigant Research. Overall, markets will show moderate growth through 2014, more meaningful growth in 2015 or early 2016, and then rapid growth thereafter, finds Navigant’s report DC Power for Commercial Buildings.”

As of 2013, about 76 percent of the global market was concentrated in North America and Europe. However, Asia Pacific will take the lead in terms of regional market share for DC building technologies by 2020. Market shares in Latin America and the Middle East & Africa will remain limited, though more rapid deployments could occur if governments implement more stringent energy conservation requirements or if energy costs escalate more rapidly than is currently anticipated.